Ultradata, G&C Mutual Bank extend partnership

Australian banking solutions supplier Ultradata has committed to extend its partnership with G&C Mutual Bank for the delivery of technology utilising a new cloud based core banking solution and associated digital services.

G&C Mutual Bank selected Ultradata as its long term core banking partner after the two organisations worked closely together to create a roadmap of digital innovation that includes the delivery of banking services from the Microsoft Azure cloud.

The planned cloud solution was officially announced in September this year and will provide a new hosting option for users of Ultradata’s core banking system.

Work is already underway, with teams from both organisations preparing a complete revamp of G&C Mutual Bank’s online presence.

The two companies say the benefits from the new partnership will “very quickly become tangible”, with progressive milestones to be reached throughout the next 12 months.

“After an extensive review of G&C’s core banking needs and available options, we are confident that implementation of the agreed roadmap will ensure Ultradata continues to deliver a world class banking system,” said G&C Mutual Bank chief executive Dave Taylor.

“Ultradata’s commitment to delivering highly secure and innovative cloud-based solutions will enable us to remain responsive and efficient in a rapidly-changing technology environment. Ultradata has shown itself to be an agile and flexible partner who can provide us with certainty and reliability. We are really excited by the future opportunities.”

Ultradata chief executive Peter Henshaw said, “We are really pleased that G&C Mutual Bank has made the decision to continue their partnership with us. Moving forward with Ultracs Cloud shows great foresight by G&C Mutual Bank and we look forward to working with them to deploy tremendous banking capability.”

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Peter Dinham is a co-founder of iTWire and a 35-year veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).